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'summary' => 'November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
<br />
<br />
<br />
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'summary' => 'November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
<br />
<br />
<br />
</span></span><br />
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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'summary' => 'November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
<br />
<br />
<br />
</span></span><br />
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'summary' => 'November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
<br />
<br />
<br />
</span></span><br />
</p>
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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'summary' => 'November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
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<br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
<br />
<br />
<br />
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'summary' => 'November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
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<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
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November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).
Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022.
The report is based on three months’ data ending Mid-October, 2022/23. Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022.
Foreign Exchange Adequacy Indicators The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
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'summary' => 'November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
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include - APP/View/Elements/side_bar.ctp, line 133
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
<br />
<br />
<br />
</span></span><br />
</p>
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'summary' => 'November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">November 18: Foreign exchange reserves of Nepal have increased 2.5 percent to Rs 1246.22 billion in mid-October 2022 from Rs 1215.80 billion in mid-July 2022, according to the latest report of Nepal Rastra Bank (NRB).</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Issuing the Current Macroeconomic and Financial Situation Report of Nepal on Wednesday, the central bank said that the gross foreign exchange reserves in terms of US dollars decreased 0.6 percent to 9.48 billion in mid-October 2022 from 9.54 billion in mid-July 2022. </span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">The report is based on three months’ data ending Mid-October, 2022/23. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Of the total foreign exchange reserves, reserves held by NRB increased 4.3 percent to Rs 1101.60 billion in mid-October 2022 from Rs 1056.39 billion in mid-July 2022. Reserves held by banks and financial institutions (except NRB) decreased 9.3 percent to Rs 144.62 billion in mid-October 2022 from Rs 159.41 billion in mid-July 2022. The share of Indian currency in total reserves stood at 23.8 percent in mid-October 2022. </span><br />
<br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Foreign Exchange Adequacy Indicators </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The central bank stated that based on the imports of three months of FY 2022/23, the foreign exchange reserves of the banking sector is sufficient to cover the prospective merchandise imports of 9.6 months, and merchandise and services imports of 8.3 months. The ratio of reserves-to-GDP, reserves-to-imports and reserves-to-M2 stood at 25.7 percent, 69.5 percent and 22.5 percent respectively in mid-October 2022. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Such ratios were 25.1 percent, 57.8 percent and 22.1 percent respectively in mid-July 2022. -- RSS </span><br />
<br />
<br />
<br />
</span></span><br />
</p>
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